Published by admin at September 1, 2023 Variable and Absorption Costing Grant Company sells its product for $60 per unit. Variable manufacturing costs per unit are $20, and fixed manufacturing costs at the normal operating level of 18,000 units are $90,000. Variable selling expenses are $4 per unit sold. Fixed administrative expenses total $155,000. Grant had 7,000 units at a per-unit cost of $35 in beginning inventory in 2016. During 2016, […]